16
Feb

Schneider Electric in 2020

The company had sales of EUR 25,159 million in 2020, and EUR 27,158 million in 2019, a decrease of 7.4%.

EBIT in 2019 was EUR 3,399 m; in 2020 it was EUR 3,088 m, the net income fell from EUR 2,413 to 2,126 million, minus 11.9%.

As for all companies, the whole year was very demanding, with SE having a strong finish in the second half of the year.

It was also a year in which Schneider Electric repositioned itself in order to further prepare itself for the future, around the globe. The year 2020 laid the foundation stone for further acquisitions in 2021 in order to better support the needs of their customers with digital solutions for more efficiency and sustainability.